The World Bank Report No: ISR9357 Implementation Status & Results Brazil Expanding Opportunities, Enhancing Equity in the State of Pernambuco Development Policy Loan (P106753) Public Disclosure Copy Project Name: Expanding Opportunities, Enhancing Equity in the State of Program Stage: Implementation Seq.No: 2 Status: ARCHIVED Archive Date: 31-Mar-2013 Pernambuco Development Policy Loan (P106753) Country: Brazil Approval FY: 2012 Product Line: IBRD/IDA Region: LATIN AMERICA AND CARIBBEAN Lending Instrument: Development Policy Lending Implementing Agency(ies): Key Dates Board Approval Date 22-Mar-2012 Original Closing Date 31-Mar-2013 Planned Mid Term Review Date Last Archived ISR Date 01-Jul-2012 Effectiveness Date 25-Apr-2012 Revised Closing Date 31-Mar-2013 Actual Mid Term Review Date Program Development Objectives Program Development Objective (from Program Document) Program Development Objective is to strengthen public policies that expand economic opportunities and enhance equity of access to quality of services for the people of Pernambuco. Has the Program Development Objective been changed since Board Approval of the Program? Yes No Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Implementation Status Overview The Project is progressing well, with many of the indicators nearly met. Public Disclosure Copy Results Results Indicators Page 1 of 3 The World Bank Report No: ISR9357 Indicator Name Core Unit of Measure Baseline Current End Target The number of secondary students enrolled in Number Value 43655.00 51913.00 62343.00 integral and semi-integral schools outside of Date 31-Dec-2011 31-Dec-2012 31-Mar-2013 Public Disclosure Copy MAR. Comments Given the school holidays, updated numbers are currently being calculated with the reopening of schools at the beginning of March. Additional reservoir management committees Number Value 8.00 8.00 12.00 have been created for water basins in the Date 22-Mar-2012 28-Feb-2013 31-Mar-2013 interior of the state. Comments The company has been hired and has initiated work to support the creation of the committees. The number of students attending professional Number Value 1832.00 7199.00 3255.00 education schools outside the MAR, which Date 31-Dec-2011 28-Feb-2013 31-Mar-2013 offer courses meeting local job market Comments Target superseded demands. The creation of 12 regional gender Number Value 0.00 12.00 12.00 coordinators in the 12 development regions of Date 22-Mar-2012 28-Feb-2013 31-Mar-2013 the State. Comments The regional coordinators have been identified and hired. The percentage of the approved budget versus Percentage Value 64.10 100.00 75.00 the executed budget for strategic priorities. Date 31-Dec-2011 28-Feb-2013 31-Mar-2013 Comments Baseline is a projection based The delivery levels above the on the period from January end target reflect additional 2011 to August 2011. budget allocations to priority sectors after the budget was planned forthe year. Thus, Public Disclosure Copy overall budget performance is satisfactory and relative to international standards. Data on Financial Performance (as of 04-May-2012) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P106753 IBRD-81420 Effective 22-Mar-2012 13-Apr-2012 25-Apr-2012 31-Mar-2013 31-Mar-2013 Page 2 of 3 The World Bank Report No: ISR9357 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P106753 IBRD-81420 Effective USD 500.00 500.00 0.00 500.00 0.00 100.00 Public Disclosure Copy Tranches Tranche 1 Amount (USD) Expected Release Date Actual Release Date Status 0 Pending Released Key Decisions Regarding Implementation There are no key decisions for disclosure at this time. Restructuring History There has been no restructuring to date. Related Operations P106753-Expanding Opportunities, Enhancing Equity in the State of Pernambuco Development Policy Loan Public Disclosure Copy Page 3 of 3